HS Icon Fish-hooks, whether or not snelled

950720 (Harmonized System 1992 for 6-digit)

 2019
World Trade
: $333M, Rnk 3157 / 4648

2019
Top Exporter | Top Importer
: $119M | $74M, China | Japan

2019
Product Complexity
: -1.17, Rnk 4121 / 4826

2018 - 2019
Export Growth (CAGR)
: 1.14%, Rnk 1287 / 4648

2018
Mean Tariff
: 6.18%, Rnk 3510 / 6538

 2019
Share of World Trade
: 0.0018%, Rnk 3157 / 4648

Overview:  This page contains the latest trade data of Fish-hooks, whether or not snelled. In 2019, Fish-hooks, whether or not snelled were the world's 3157th most traded product, with a total trade of $333M. Between 2018 and 2019 the exports of Fish-hooks, whether or not snelled grew by 1.14%, from  $330M to $333M. Trade in Fish-hooks, whether or not snelled represent 0.0018% of total world trade.

Exports: In 2019 the top exporters of Fish-hooks, whether or not snelled  were China ($119M), Japan ($59.6M), South Korea ($19.9M), France ($17.9M), and Philippines ($16.5M).

Imports: In 2019 the top importers of Fish-hooks, whether or not snelled were Japan ($74M), United States ($35M), China ($13.6M), France ($12.1M), and South Korea ($11.3M).

Tariffs: In 2018 the average tariff for Fish-hooks, whether or not snelled was 6.18%, making it the 3510th lowest tariff using the HS6 product classification.

The countries with the highest import tariffs for Fish-hooks, whether or not snelled are Bahamas (40.2%), Ethiopia (34.7%), Cameroon (29.4%), Gabon (29.4%), and Algeria (25.6%). The countries with the lowest tariffs are Angola (0%), Mauritius (0%), South Africa (0%), Hong Kong (0%), and Sri Lanka (0%).

Ranking: Fish-hooks, whether or not snelled ranks 4121st in the Product Complexity Index (PCI).

Description: A fish-hook is a piece of equipment used in fishing. It is typically a metal hook with a pointy, sharp end, and a barb at the end of the hook to help grip the lips of the fish (or whatever the fisherman is catching). Fish-hooks are usually snelled onto a fishing line.

Exporters and Importers

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Trade By Country

Top Origin (2019): China, $119M

Top Destination (2019): Japan, $74M

Fish-hooks, whether or not snelled are the world's 3157th most traded product.

In 2019, the top exporters of Fish-hooks, whether or not snelled were China ($119M), Japan ($59.6M), South Korea ($19.9M), France ($17.9M), and Philippines ($16.5M).

In 2019, the top importers of Fish-hooks, whether or not snelled were Japan ($74M), United States ($35M), China ($13.6M), France ($12.1M), and South Korea ($11.3M).

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Market Dynamics

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Trade by country

Value

Top Origin Growth (2018 -  2019): Vietnam, $6.46M

Top Destination Growth (2018 - 2019): Japan, $16.7M

Between 2018 and 2019, the exports of Fish-hooks, whether or not snelled grew the fastest in Vietnam ($6.46M), Philippines ($4.97M), Indonesia ($1.29M), Latvia ($999k), and China ($741k).

Between 2018 and 2019, the fastest growing importers of Fish-hooks, whether or not snelled were Japan ($16.7M), China ($1.86M), Russia ($1.32M), Ukraine ($1.08M), and France ($768k).

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Market Concentration

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Cumulative market share

This chart shows the evolution of the market concentration of exports of Fish-hooks, whether or not snelled.

In 2019,  market concentration measured using Shannon Entropy, was 3.58. This means that most of the exports of Fish-hooks, whether or not snelled are explained by 11 countries.

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TOP NET EXPORTER (2019): China, $106M

TOP NET IMPORTER (2019): United States, $19.4M

This map shows which countries export or import more of Fish-hooks, whether or not snelled. Each country is colored based on the difference in exports and imports of Fish-hooks, whether or not snelled during 2019.

In 2019, the countries that had a largest trade value in exports than in imports of Fish-hooks, whether or not snelled were China ($106M), Vietnam ($9.37M), South Korea ($8.6M), Philippines ($7.69M), and France ($5.84M).

In 2019, the countries that had a largest trade value in imports than in exports of Fish-hooks, whether or not snelled were United States ($19.4M), Japan ($14.4M), Russia ($7.5M), Germany ($6.64M), and Norway ($6.16M).

Import Tariffs

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In 2018, the average tariff for importing Fish-hooks, whether or not snelled was 6.18%.  The countries with the highest tariffs for importing Fish-hooks, whether or not snelled were Bahamas (40.2%), Ethiopia (34.7%), Cameroon (29.4%), Gabon (29.4%), and Algeria (25.6%).

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Product Complexity

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Diversification Frontier

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The Complexity-Relatedness diagram compares the risk and the strategic value of a product's potential export opportunities. Relatedness is predictive of the probability that a country increases its exports in a product. Complexity, is associated with higher levels of income, economic growth potential, lower income inequality, and lower emissions.